Venture Capital

Backswing Ventures: Fund II Surpasses 1.0x DPI In Just Over Three Years

By Amit Chowdhry ● Jun 5, 2026

Backswing Ventures announced that its Fund II, a 2023 vintage fund, has surpassed 1.0x Distributed to Paid-In Capital (DPI), returning more capital to investors than was originally contributed in slightly more than three years since inception.

ZeroDrift Raises $10 Million Seed Round To Build Compliance Infrastructure For AI Communications

By Amit Chowdhry ● Jun 5, 2026

ZeroDrift announced that it has raised an oversubscribed $10 million seed round just three months after emerging from stealth. The company is focused on enforcing compliance on AI-generated communications before they are delivered, positioning itself as a compliance layer for organizations deploying AI agents and automated systems.

Findigs Raises $32 Million Series C Funding To Expand AI-Native Leasing Decisioning Platform

By Amit Chowdhry ● Jun 5, 2026

Findigs, an AI-native leasing decisioning platform for residential property operators, announced it has raised $32 million in Series C funding. The round was led by RPM Ventures Managing Director Marc Weiser, with participation from existing investors Nyca Partners, Frontier Venture Capital, and Western Technology Investment.

Allen Control Systems Raises $200 Million Series B At $2.2 Billion Valuation To Scale Bullfrog Autonomous Weapon Systems

By Amit Chowdhry ● Jun 5, 2026

Allen Control Systems (ACS), a defense technology company focused on autonomous precision robotics, announced the completion of a $200 million Series B funding round at a $2.2 billion post-money valuation. The round was led by Smash Capital, with participation from existing investors including Craft Ventures, Rally Ventures, Inspired Capital, and others.

Supabase Raises $500 Million At $10.5 Billion Valuation To Expand Agentic Infrastructure Platform

By Amit Chowdhry ● Jun 4, 2026

Supabase, an open source Postgres development platform, announced a $500 million Series F funding round at a $10.5 billion post-money valuation. The round was led by GIC, with participation from existing investors including Accel, Y Combinator, Craft Ventures, Felicis, Peak XV Partners, and Coatue. The company also noted that Stripe made its second investment in Supabase, while Salesforce Ventures joined the round.

Essential Properties Realty Trust Prices $400 Million Of 5.375% Senior Notes Due 2036

By Amit Chowdhry ● Jun 4, 2026

Essential Properties Realty Trust announced that its operating partnership, Essential Properties, L.P., has priced a public offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2036.

Sculptor Resets $400 Million CLO XXXII

By Amit Chowdhry ● Jun 4, 2026

Sculptor Capital Management announced the reset of Sculptor CLO XXXII, a $400 million collateralized loan obligation (CLO), marking the firm's second U.S. CLO reset completed in 2026.

Opal Security Raises $23 Million And Expands Leadership Team

By Amit Chowdhry ● Jun 4, 2026

Opal Security, an AI-native access governance platform, announced a $23 million funding round and the appointment of five senior leaders as the company accelerates growth and expands its platform for governing human, service, and AI agent identities.

Tishman Speyer Raises $300 Million First Close For Korea Living Venture Focused On Seoul Rental Housing Market

By Amit Chowdhry ● Jun 4, 2026

Tishman Speyer announced the first close of its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from European pension investors APG Asset Management and Bouwinvest. The fund is dedicated to acquiring, repositioning, and developing multifamily and accommodation properties across Seoul and other high-growth areas in South Korea.

Mesabi Metallics: $265 Million Royalty Deal Supports $2.5 Billion Minnesota Iron Ore Project

By Amit Chowdhry ● Jun 4, 2026

Mesabi Metallics announced that it has agreed to sell 50% of its royalty interest to The Metals Royalty Company Inc. (TMCR) for total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform.

Westmag Raises $11 Million Seed Funding To Build America’s Drone Motor And Robot Actuator Industry

By Amit Chowdhry ● Jun 4, 2026

Westmag, an American manufacturer of drone motors and robot actuators, announced that it has emerged from stealth with $11 million in seed funding led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG, Menlo Ventures, and other investors.

Midnight Labs Raises Strategic Investment From Sony Innovation Fund To Expand AI-Powered IP Protection

By Amit Chowdhry ● Jun 4, 2026

Midnight Labs announced a strategic investment from Sony Innovation Fund to accelerate the expansion of its AI-powered intellectual property protection platform across the U.S., Japan, and broader Asia-Pacific region. The funding will support the growth of the company’s agentic Enforcement Engine, which is designed to combat piracy, deepfakes, and AI-generated infringement targeting entertainment, gaming, and content industries.

AxisCare Secures Strategic Investment From LLR Partners To Accelerate AI-Powered Home Care Platform Growth

By Amit Chowdhry ● Jun 4, 2026

AxisCare, a provider of home care management software, announced a strategic investment from LLR Partners that will support continued product innovation and organizational expansion as the company scales its AI-powered platform for home care agencies.

Helion Raises $465 Million Series G Funding Round To Accelerate Commercial Fusion Power Deployment

By Amit Chowdhry ● Jun 4, 2026

Helion, a Washington-based fusion energy company, announced a $465 million Series G funding round to accelerate the commercial deployment of fusion energy, expand manufacturing capacity, and strengthen its ability to deliver clean electricity to customers. The financing values the company at $15.5 billion post-money and brings Helion’s total funding raised to date to $1.5 billion.

Red Metals Raises $10 Million To Reshore American Copper Refining And Build A New Supply Chain For Finished Copper Products

By Amit Chowdhry ● Jun 4, 2026

Red Metals, a next-generation copper manufacturer, announced it has raised $10 million in seed funding and plans to invest $70 million in a new production facility in Charleston, South Carolina. The project is expected to create at least 45 jobs during its initial phase and will support the company’s mission of reshoring copper refining and finished copper product manufacturing to the United States.

InCharge Energy Raises $46 Million To Expand Energy Solutions Platform Across North America

By Amit Chowdhry ● Jun 4, 2026

InCharge Energy, a provider of EV charging and energy infrastructure solutions, announced that it has raised $46 million in a strategic investment round led by S2G Investments, with participation from QIC. The funding will support the company's expansion beyond EV charging into broader energy infrastructure services, including electrical systems and distributed energy resources.

Cross River Extends $250 Million Commitment To Support Figure’s Crypto-Backed Loans

By Amit Chowdhry ● Jun 4, 2026

Cross River, a technology infrastructure provider offering embedded financial solutions, announced a forward-flow agreement with Figure Technology Solutions that includes a commitment of up to $250 million in asset purchases to support Figure’s Crypto-Backed Loan product.

Suno Raises Over $400 Million In Series D Funding At $5.4 Billion Valuation For Music Creation Platform

By Amit Chowdhry ● Jun 4, 2026

Suno, an AI-powered music creation platform, announced that it has raised more than $400 million in a Series D funding round at a $5.4 billion post-money valuation. The round was led by Bond Capital and included participation from IVP, Forerunner, Union Square Ventures, Alkeon, Quiet, Matrix, Lightspeed, Menlo Ventures, and Schroders Capital. The new financing comes roughly six months after Suno's $250 million Series C round, which valued the company at $2.45 billion.

Walker & Dunlop Arranges $223 Million Bridge Financing For Southeast Multifamily Portfolio

By Amit Chowdhry ● Jun 4, 2026

Walker & Dunlop announced that it arranged more than $223 million in bridge financing for five multifamily communities across the Southeast on behalf of Madison Capital Group.

Ramp Raises $750 Million Series F At $44 Billion Valuation For Financial Operations Platform

By Amit Chowdhry ● Jun 4, 2026

Ramp announced a $750 million Series F financing round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan, valuing the company at $44 billion. The new funding brings Ramp's total equity financing to more than $3 billion and will be used to accelerate investments in artificial intelligence capabilities for customers. New investors in the round include Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, and BroadLight Capital, alongside participation from numerous existing backers.

Scotch Raises $20 Million Series A To Modernize Liquor Retail Operations

By Amit Chowdhry ● Jun 4, 2026

Scotch, an all-in-one operating platform built for liquor retailers, announced it has raised $20 million in Series A funding led by VMG Partners, with participation from First Round Capital, Lerer Hippeau, and Toba Capital. The Denver-based company has also surpassed a $1 billion annual run rate in gross payment volume and plans to use the new funding to accelerate product development, expand its engineering and go-to-market teams, and scale its AI-enabled operating system across the United States.

Sunnybrook Health Sciences Centre: $1 Billion Campaign To Advance The Future Of Health Care

By Amit Chowdhry ● Jun 4, 2026

Sunnybrook Foundation has launched You’re The Reason, a historic $1 billion fundraising campaign, the largest in the hospital’s history, with more than $500 million already secured toward its goal.

OliX Pharmaceuticals Raises KRW 110 Billion From L’Oréal Venture Fund BOLD And Weiss Asset Management

By Amit Chowdhry ● Jun 4, 2026

OliX Pharmaceuticals, a South Korea-based biotechnology company focused on RNA interference (RNAi) therapeutics, announced that it has secured approximately KRW 110 billion (about $81 million) through a third-party allotment of newly issued common shares. The investment was made jointly by BOLD, the corporate venture capital fund of L'Oréal, and Weiss Asset Management LP.

DevvStream Raises $6 Million From EEME Energy And Terminates $300 Million Equity Line Ahead Of Merger

By Amit Chowdhry ● Jun 4, 2026

DevvStream announced a $6 million private placement investment from EEME Energy SPV I, LLC through the purchase of Series A Non-Redeemable Convertible Preferred Stock. The company said $1.5 million has already been funded, with the remaining amount expected to be completed through one or more future closings.

Cohen & Steers Income Opportunities REIT Acquires Oracle Crossings Shopping Center In Arizona

By Amit Chowdhry ● Jun 4, 2026

Cohen & Steers Income Opportunities REIT (CNSREIT) announced the acquisition of Oracle Crossings, a 266,000-square-foot grocery-anchored open-air shopping center located in the Oro Valley submarket of Tucson, Arizona. The acquisition was completed through CNSREIT's programmatic joint venture with Phillips Edison & Company, a publicly traded owner and operator of grocery-anchored shopping centers across the United States.

Quantum Raises $100 Million Through Equity Financing to Eliminate Debt and Fund Growth

By Amit Chowdhry ● Jun 4, 2026

Quantum Corporation announced a series of concurrent transactions designed to strengthen its balance sheet, eliminate debt obligations, and provide capital to support future growth initiatives. The company secured $100 million in gross proceeds through a private placement led by funds managed by Two Seas Capital LP and Oaktree Capital Management, with participation from several other institutional investors.

Wayleadr Receives Majority Growth Investment To Accelerate Global Expansion

By Amit Chowdhry ● Jun 4, 2026

Wayleadr, an arrival management platform focused on workplace access, parking, and visitor experiences, announced a majority growth investment that will support the company's next phase of global expansion.

Level 6 Acquires Majority Stake In Aprendio To Expand Enterprise Technology Capabilities

By Amit Chowdhry ● Jun 4, 2026

Level 6 Marketing, LLC, a provider of purpose-built incentive technology and payment solutions, announced that it has acquired a majority ownership stake in Aprendio, LLC, a Kansas-based AI automation firm that designs and implements custom AI systems to streamline business operations.

Liftoff Mobile Raises $437 Million In Revived IPO

By Amit Chowdhry ● Jun 4, 2026

Blackstone-backed mobile app marketing and monetization platform Liftoff Mobile has successfully completed its long-awaited initial public offering, raising $437 million after pricing shares above its marketed range. The IPO marks a significant milestone for the company after it withdrew an earlier public offering attempt amid market volatility and concerns about software-sector valuations, according to Bloomberg.

Wingman Growth Partners Raises $215 Million For Oversubscribed Inaugural Fund

By Amit Chowdhry ● Jun 4, 2026

Wingman Growth Partners announced the closing of Wingman Growth Partners Fund I, raising $215 million at its hard cap. The inaugural fund exceeded its $150 million target by more than 40%, was oversubscribed, and closed in less than one year. The fund attracted commitments from a diverse group of individual and institutional investors, including endowments, family offices, foundations, and funds of funds across North America and internationally.